ABSD Declaration Form: Additional Buyer’s Stamp Duty (Private Residential Properties)
The ABSD declaration form is how a buyer, beneficiary or trustee sets out the facts the Commissioner of Stamp Duties needs to work out any Additional Buyer’s Stamp Duty on a private residential property. Fill in the official PDF below and download it.
This is the genuine IRAS PDF, unmodified. Source: IRAS official page.
What is ABSD Declaration?
Additional Buyer’s Stamp Duty is charged on top of Buyer’s Stamp Duty when private residential property is bought or acquired in Singapore. How much applies depends on the profile of each buyer, including residency status and how many residential properties that buyer already counts as owning. The declaration form gathers exactly that information.
The form covers the property address and the date of purchase or acquisition, whether the purchase is by a single buyer, multiple buyers, a married couple or a trustee, the share each joint owner holds, and then a per buyer profile section. IRAS states that the completed form does not need to be sent in, but that law firms and the buyer, beneficiary or trustee should keep the original for at least five years from the date of purchase, because IRAS may ask for it during an audit.
Who files ABSD Declaration?
- Individuals buying or acquiring a private residential property in Singapore, alone or jointly
- Married couples declaring the residency profile of each spouse for the purchase
- Trustees acquiring residential property on trust, and beneficiaries of such a trust
- Entities, including housing developers, acquiring private residential property
How to fill out ABSD Declaration
- Complete Section A with the property address and the date of purchase or acquisition. That date is the earliest of the acceptance of the Option to Purchase, the Sale and Purchase Agreement, the trust instrument, a transfer to a beneficiary, or the Transfer itself.
- State whether this is a single buyer, multiple buyers, a married couple or a trustee purchase, and set out each joint owner’s share if the shares are not equal.
- Fill in the buyer profile section for every buyer or beneficiary, including identity details and residency status.
- Declare the residential properties each buyer already owns or has an interest in, since that count drives the ABSD position.
- Sign the declaration and give it to your conveyancing lawyer. The form itself does not go to IRAS, but you and the law firm should keep the original for at least five years in case IRAS asks for it.
Quick fill ABSD Declaration on this page
Prefer to see the form itself while you type? Open ABSD Declaration in the editor to fill it on the actual pages, add a signature, and download.
Frequently asked questions
Do I need to send this form to IRAS?
No. IRAS states the completed form need not be submitted. It is prepared so your conveyancing lawyer and the Commissioner of Stamp Duties can establish your ABSD position, and the original should be retained for at least five years from the date of purchase.
When is the stamp duty itself due?
The form states ABSD is payable within 14 days after the date of purchase or acquisition of the property. Penalties of up to four times the duty owed can be imposed where duty is not paid in full or not paid on time.
Is a document duly stamped if I only paid Buyer’s Stamp Duty?
No. The form is explicit that where ABSD is payable but unpaid, the document is not considered duly stamped even though Buyer’s Stamp Duty has been paid on it.